ICAI CA Exams 2020 - Students given choice between July and November session

NEW DELHI: The Institute of Chartered Accountants of India has made an important announcement regarding the upcoming CA July 2020 session. Students will now have the option to either appear for the July session or directly appear for the CA November 2020 session. As per the official notification, the credentials of the CA July 2020 session will be transferred to the upcoming November session.

In the official notification, ICAI says “ During last few days, we have received a mixed expression of opinions, views and requests from students, both relating to holding exams as per the schedule issued by The Institute of Chartered Accountants of India commencing from July 29, 2020 or not holding exams in the prevailing COVID-19 pandemic situation.”

Some students expressed concerns and anxiety on the likelihood of spurt in COVID-19, availability of examination centre, students/centre in containment zone, social distancing and sanitization, availability of transport and accommodation facilities, loss of examination fee already paid and carry forward of exemption in case the student is not able to appear in the July 2020 examination. However, large number of students showed their strong desire to appear in examination as per the announced schedule.” - ICAI

Important Announcement
For more details please visithttps://t.co/sgEbH3qyaz pic.twitter.com/OtOHS9g7go

— Institute of Chartered Accountants of India - ICAI (@theicai) June 15, 2020

Keeping all aspects in mind, ICAI has finally cleared the air around the upcoming CA July 2020 session with the announcement of Opt-in Opt-out facility. Students who registered and successfully filled their exam form for CA May 2020 session which was postponed to July will be allowed to OPT-OUT and carry forward their candidature to next examination i.e. November, 2020 examination cycle. In this case, the examination fees and exemption, if any, of the particular student will automatically be shifted and carried forward to next examination i.e. November 2020 cycle and this attempt (May 2020) will be treated as cancelled / not counted.

Students who choose to opt out will be required to apply afresh for November 2020 Examination cycle at the relevant time and their Examination fees will be adjusted and differential fees.

How to avail the opt-out facility?

1. Submit a declaration online available at https://icaiexam.icai.org from June 17, 2020 (Wednesday) 11 AM Onwards to 20th June 2020 (Saturday) 11.59 PM.

2. On submitting the declaration, candidature of the student for May 2020 Examination Cycle will be cancelled and he/she will be shifted to next Examination Cycle.

3. Kindly note that once option for “Opt out” is taken, it will be treated as final. No request for its change will be entertained under any circumstances.

The candidates are advised to note the above and stay in touch with the website of the Institute, www.icai.org.